Bank of India declares Q4FY22 result: Q4FY22 Net Profit at Rs.606 Cr, up by 142.31% YoY. NIM (Global) up from 2.01% in Mar’21 to 2.58% in Mar ’22. Return on Assets (RoA) at 0.30%, improved by 17 bps YoY. Return on Equity (ROE) at 6.64%, improved by 267 bps YoY. CRAR at 17.04% with CET-1 ratio of 14.02%. Gross NPA ratio at 9.98%, down by 379 bps YoY. Net NPA ratio at 2.34% down by 101 bps YoY. Provision Coverage Ratio (PCR) at 87.76%. Slippage ratio at 0.44% and Credit Cost at 1.10%. RAM Advances grew by 15.70% YoY, accounting for 54.97% of Advances. Priority Sector advances at 41.55% of ANBC. CASA ratio increased to 45.02% in Mar’22 from 41.27% in Mar’21. Profitability O4FY22: Net Profit jumped by 142.31% YoY, which went up from Rs. 250 Cr in Q4FY21 to Rs.606 Cr for Q4FY22. Operating Profit went up by 31.85% YoY from Rs.1,870 cr in Q4FY21 to Rs.2,466 cr in Q4FY22. Net Interest Income (NII) increased by 35.77% from Rs. 2,936 Cr in Q4FY21 to Rs. 3,986 Cr in Q4FY22. Nil rose by 16.96% sequentially. Non-Interest Income stood at Rs.1,587 Cr for Q4FY22 against Rs. 1,829 Cr in O4FY21. Profitability FY22: Net Profit jumped by 57.60% YoY, which went up from Rs. 2,160 Cr in FY21 to Rs.3,405 Cr for FY22. Operating Profit stood at Rs.9,988 Cr for FY22 against Rs. 10,272 Cr in FY21. Net Interest Income (NII) stood at Rs. 14,062 Cr for FY22 against Rs. 14,269 Cr in FY21. Non-Interest Income increased from 6,842 Cr in FY21 to Rs.7,879 Cr for FY22, with an increase of 15.15%. Result PDF